About this pair
UAH/NOK: what to know
The UAH/NOK rate shows how much NOK you get for 1 UAH. Right now, 1 UAH buys 0.2091 NOK at the mid-market rate. In the other direction, 1 NOK is worth 4.7832 UAH.
In the short term UAH is driven mainly by the economic situation and international support, while NOK responds to oil and gas prices.
The Ukrainian Hryvnia (UAH) is issued by National Bank of Ukraine. The name “hryvnia” comes from a medieval silver weight unit used in Kievan Rus. The Norwegian Krone (NOK) is issued by Norges Bank. “Krone” means “crown”.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.